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View all search resultsLaunching bitcoin as legal tender on September 7, 2021, President Nayib Bukele said he wanted to bring the 70 percent of Salvadorans who do not use banks into the financial system and promptly began plowing public money in cryptocurrencies
With the new pledges, Harris has secured private sector investments in the region worth over $1.2 billion, senior White House officials said. This follows a similar round worth $750 million announced by companies such as Microsoft and Mastercard in May.
Biden's decision gives a high-profile assignment to his vice president, a daughter of immigrants who has forged a reputation as an ally of immigration advocates. As California attorney general, Harris had to deal with a major influx of unaccompanied minors at the state's border with Mexico in 2014.
The president's New Ideas party plus its allies had some 70 percent of the vote with more than 90 percent of votes counted, likely enough to win at least two thirds of seats in Congress and greatly increase Bukele's power in the Central American nation.
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